All Loungers articles – Page 16
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Analysis & InsightHard work pays off for Lounger
Dedication to the job has helped Will Morris climb the work ladder to the position of operations manager for Loungers in Bournemouth. Ruth Williams finds out how the winner of M&C’s Rising Star for operations (restaurants), has done so at such a young age and in which direction he sees the hospitality sector going in the future.
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Analysis & InsightThe hopes and fears facing our industry
As we stand at the midpoint of 2015, it now seems timely to reflect on the ‘Hopes and Fears’ facing our industry and what we might expect to see in the latter half of the year, writes Stephen Evans, development director at Gourmet Burger Kitchen
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News
French: Expect strong growth for three years
Leading analyst Simon French, of Cenkos, has predicted pub and restaurant groups will see up to three years of above average earnings growth driven by like-for-like sales rising above inflation, new site openings, a benign cost environment and selective M&A.
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News
Yummy appoints first operations director
Yummy Pub Company has appointed Ed Harper as its first operations director.
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NewsBistrot Pierre launches in Bath
Bistrot Pierre, the highly-rated French restaurant chain, has opened its latest site in Bath
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NewsIPO becoming a more favourable option for Loungers
A public listing is becoming a more favourable option for Loungers
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NewsFY EBITDA up 50% at Loungers
Loungers, the Bristol-based cafe/bar group, is forecasting run-rate turnover for its current financial year to rise to £78.8m
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Analysis & InsightSector shift
From increasing M&A activity, to the fallout from the decision by Enterprise Inns to invest in pubs in partnership with “managed experts” and the growing pressure on the all-you-can-eat buffet market is coming under, the sector is set to shift over the coming six to 12 months from shadow boxing ...
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NewsLoungers to review options next year
Loungers, the Piper-backed group, expects to assess its options in regards to a probable sale or flotation, next year
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Analysis & InsightValue operators winning across the market
Brands that offer good value at low prices continue to see the strongest growth in the restaurant market
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OpinionNo time for just a casual approach
Growth in the UK branded restaurant market is not being distributed equally and a new order is emerging which means there can be no casual approach to casual dining
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NewsLoungers invests £1.1m in Birmingham Cosy Club
Loungers, the Piper Private Equity-backed café/bar group, is opening its ninth Cosy Club in Birmingham following investment of £1.1m, which is the largest single site investment to date for the Bristol-based company
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News
Heaven Scent poised for Loungers-esque growth
The founder of Scottish tea shop and restaurant Heaven Scent has told M&C Report he wants to build an estate of 12 venues across Scotland in secondary towns to create destination venues
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News
Le Bistrot Pierre lines up Swansea opening
Le Bistrot Pierre, the highly-rated French restaurant chain, has lined up an opening in Swansea as it looks to grow its 2016 openings pipeline, M&C Report understands.
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NewsGK/Spirit deal could spark more consolidation
Should Greene King’s acquisition of Spirit Pub Company be approved by the Competition & Markets Authority next week, it is likely to create “a new league of two” in the pub sector.
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Analysis & InsightCorn Exchange leads Manchester rental levels
The Corn Exchange Manchester is the premier location for restauranteurs in the city, according to new research from Colliers International
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NewsFY lfls up 10% at Be At One
Be At One is set to establish a national presence over the next 12 months, after seeing like-for-like sales increase 10% in the year to 29 March 2015
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NewsLoungers tweaks growth targets
Nick Collins has said that the company believes there is potential to open up to 400 sites under its Lounge format and 75 Cosy Clubs across the UK
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Weekend Press
Weekend press round-up, 28-29 March
Restaurants, fast food and takeaways Domino’s tech-loving boss likes humble pie with his pizzas Patrick Doyle did not pull any punches. “It sickens me,” he told the hundreds of thousands of viewers who watched his online apology. It was just after Easter 2009 and as the boss of Domino’s in ...
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Analysis & InsightLast orders at the bar (for me)
M&C Report’s departing group editor Rob Willock reflects on the seismic changes he has witnessed in the pub sector during his time at the title - including the pubs code, the extension of the pub business into previously uninhabited day parts and ever encroaching red tape.